Affordable Housing In Urbana
Champaign County, Illinois

12 Low Income Apartment Communities In Urbana

Highland Green

102 East Stebbins Drive
Urbana, IL
Call For Rent
1-3 BR
HCV Welcome


Broadview Ave And Lakeside
Urbana, IL
HCV Welcome

Sunnycrest Man0r

1805 S Cottage Grove Ave
Urbana, IL

Edge of Mall Apartments

109 W Illinois St
Urbana, IL

Aspen Courts Aka Scottswood Manor

1103 Lierman Dr
Urbana, IL
HCV Welcome

C - U Independence Apartments

610 E Kerr Ave
Urbana, IL
Elderly Supportive Housing

Florida House

1502 E Florida Avenue
Urbana, IL

Rainbow Apartments

1004 S Smith Rd
Urbana, IL
HCV Welcome

Prarie Green Apartments Phase I

2502 Prairie Green Dr
Urbana, IL
HCV Welcome

Hayes Homes

401 E High St
Urbana, IL

Housing Authorities that serve Urbana

Housing Authority Programs
Housing Authority of Champaign County Section 8 Housing Choice Voucher (HCV); Moving to Work; Veteran Affairs Supportive Housing (VASH); Section 8 Project-Based Voucher (PBV); Mainstream Voucher; Rental Assistance Demonstration (RAD)

Guide To Affordable Housing in Urbana, Illinois

According to federal housing data and research, there are 12 low income housing apartment communities offering 822 affordable apartments for rent in Urbana, Illinois. Urbana features 591 low income apartments with rental assistance where households typically pay no more than 30% of their income towards rent. Additionally, there are 231 other low income apartments that don't provide direct rental assistance but remain affordable to low income households in Urbana.

Urbana, IL Affordable Housing Snapshot

Total Affordable Apartment Properties 12
Total Low Income Apartments 822
Total Housing Units with Rental Assistance 591
Percentage of Housing Units Occupied By Renters 62.13%
Average Renter Household Size 2.12
Average Household Size 2.24
Median Household Income $32,105 ±$2,587
Median Rent $772 ±$18
Percentage Of Renters Overburdened 55.66% ± 4.28pp
Total Population 41,988

Population and Household Demographics

Urbana is a City in Champaign County, Illinois with a population of 41,988. There are 15,578 households in the city with an average household size of 2.24 persons. 62.13% of households in Urbana are renters.

Income and Rent Overburden in Urbana

The median gross income for households in Urbana is $32,105 a year, or $2,675 a month. The median rent for the city is $772 a month.

Households who pay more than thirty percent of their gross income are considered to be Rent Overburdened. In Urbana, a household making less than $2,573 a month would be considered overburdened when renting an apartment at or above the median rent. 55.66% of households who rent are overburdened in Urbana.1

Area Median Income In Urbana

Affordable housing program eligibility is always determined by one's income. Each household's income is compared to the incomes of all other households in the area. This is accomplished through a statistic established by the government called the Area Median Income, most often referred to as AMI. The AMI is calculated and published each year by HUD.

HUD often uses an area larger than a city to determine the AMI because HUD anticipates those searching for housing will look beyond individual cities during their housing search. For Urbana, the AMI is calculated from all households within Champaign County.

In Urbana, HUD calculates the Area Median Income for a family of four as $79,500

Most affordable housing programs determine eligibility based on the percent of AMI a given household's income is. Among the programs that determine eligibility based on the AMI are Section 8, HOME, LIHTC, Section 515, 202 and 811.

Rental Assistance in Urbana

Rental assistance is a type of housing subsidy that pays for a portion of a renter’s monthly housing costs, including rent and tenant paid utilities. This housing assistance can come in the form of Section 8 Housing Choice Vouchers, project-based Section 8 contracts, public housing, USDA Rental Assistance (in Section 515 properties) as well as HUD Section 202 and 811 properties for elderly and disabled households.

Income Qualifications for Urbana HUD Rental Assistance in Urbana

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
30% of Median $16,700 $19,100 $21,500 $25,750 $30,170 $34,590 $39,010 $43,430
50% of Median $27,850 $31,800 $35,800 $39,750 $42,950 $46,150 $49,300 $52,500
80% of Median $44,550 $50,900 $57,250 $63,600 $68,700 $73,800 $78,900 $84,000
Low Income Housing Tax Credits in Urbana

The Low-Income Housing Tax Credit (LIHTC) program aims to create affordable rental housing for low and very low income families.

From 1995 to 2010, 5 low income apartment communities containing 457 rental apartments have been constructed and made affordable to low income persons in Urbana by the Low Income Housing Tax Credit Program.

If your income is less than 60% of the Area Median Income (AMI), you should not expect to pay more than the rent value for a unit in the table below. However, Affordable apartment communities that receive funding through the Low Income Housing Tax Credit program may have rental units that are not subject to income and rent limits.

Rent limits for the LIHTC Program are determined so that a household making the maximum income for the expected household size of the unit would only pay 30% of their income for rent.

Income Qualifications for Low Income Housing Tax Credit Apartments in Urbana

Income 1 Person 2 Person 3 Person 4 Person 5 Person 6 Person 7 Person 8 Person
50% of Median $27,850 $31,800 $35,800 $39,750 $42,950 $46,150 $49,300 $52,500
60% of Median $33,420 $38,160 $42,960 $47,700 $51,540 $55,380 $59,160 $63,000

For example, the expected household size for a two bedroom apartment is 3 people. Using the table above, the maximum income for a 3 person household at 60% of the AMI in Urbana is $42,960 a year, or $3,580 a month. To determine the maximum rent in the table below we multiply the monthly maximum income, $3,580 by 30% to get a maximum rent of $1,074 a month.

Rent for units in the LIHTC Program include a utility allowance which is determined by the average monthly cost of utilities paid directly by residents. This allowance has not been subtracted from the rents in the table below. These utility allowances are set on a property by property basis.

% of AMI Studio 1 Bed 2 Bed 3 Bed 4 Bed 5 Bed
50% $696 $746 $895 $1,034 $1,154 $1,273
60% $836 $895 $1,074 $1,241 $1,385 $1,527
Fair Market Rents in Urbana

Fair Market Rents, often abbreviated as FMR, can be used to better understand the average housing costs of an area. Notably, Fair Market Rents are used to establish the payment standards for the Housing Choice Voucher Program, maximum rents in HOME financed rental projects and initial rents for Section 8 project based assistance.

2020 Fair Market Rents
Studio One BR Two BR Three BR Four BR
$725 $730 $862 $1,108 $1,305